---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-021788"
form_type: "8-K"
ticker: "STSR"
cik: "0001698538"
company_name: "Strategic Student & Senior Housing Trust, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:28:05.199349+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Extends KeyBank bridge loan maturity to Apr 2024; replaces LIBOR with SOFR

## Summary
- Extended maturity of ~$26.4M KeyBank bridge loans from Apr 2023 to Apr 2024.
- Paid extension fee of 0.35% of outstanding balance (~$92,400).
- Replaced LIBOR with SOFR as interest rate benchmark; SOFR margin set at 4.00%.
- Added quarterly Total Collateral Ratio >=1.20x and EXR Collateral Ratio >=1.00x covenants.
- Partial release of certain equity interests from collateral; cure period of 10 business days if ratios breached.

## SEC filing metadata
- accession: 0000950170-22-021788
- form_type: 8-K
- ticker: STSR
- cik: 0001698538
- company_name: Strategic Student & Senior Housing Trust, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698538/000095017022021788/0000950170-22-021788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698538/000095017022021788/sssht-20221028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-021788
- JSON: https://secwatch.observer/filing/0000950170-22-021788.json
- Plain text: https://secwatch.observer/filing/0000950170-22-021788.txt

## Key facts
- Material Agreements
  Strategic Student & Senior Housing Trust, Inc. amended Seventh Amendment to the KeyBank Bridge Loans with KeyBank National Association valued at Extension fee equal to 0.35% of outstanding principal balance; outstanding balance approximately $26 (effective 2022-10-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association
  - Value: Extension fee equal to 0.35% of outstanding principal balance; outstanding balance approximately $26
  - Effective: 2022-10-28
  source text: On October 28, 2022, the KeyBank Bridge Borrowers entered into the Seventh Amendment to the KeyBank Bridge Loans (the “Seventh Amendment”) that extended the maturity date of the KeyBank Bridge Loans from April 30, 2023 to April 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698538/000095017022021788/0000950170-22-021788-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.